U.S. states find rewards from high-tech investments, given time and patience

States have spent millions to develop high-tech industry, with its promise of good jobs and economic growth. And the public investment generally pays off, including in places that might seem less than ideal, according to a national study of such invest...

States have spent millions to develop high-tech industry, with its promise of good jobs and economic growth. And the public investment generally pays off, including in places that might seem less than ideal, according to a national study of such investments in the 1980s and 1990s. The key for these state programs is often time, patience and modest expectations, says the study's lead author.